Common use of Authorization to File Financing Statements; Power of Attorney Clause in Contracts

Authorization to File Financing Statements; Power of Attorney. Grantor hereby authorizes Holder at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of Trust. For purposes of such filings, Xxxxxxx agrees to furnish any information reasonably requested by Xxxxxx promptly upon request by Xxxxxx. Grantor also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of Trust. Grantor hereby irrevocably constitutes and appoints Holder and any officer or agent of Xxxxxx, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor or in Grantor’s own name to execute in Grantor’s name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that Xxxxxxx’s authorization above is not sufficient. To the extent permitted by law, Grantor hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 3 contracts

Samples: Deed of Trust, Assignment of Rents and Leases and Security Agreement, Purchase Money Deed of Trust, Assignment of Rents and Leases and Security Agreement, Purchase Money Deed of Trust

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Authorization to File Financing Statements; Power of Attorney. Grantor Borrower hereby authorizes Holder Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements with or without the signature of Borrower as authorized by Applicable Law, as applicable law, reasonably required by Holder to establish all or maintain the validity, perfection and priority part of the security interests granted in this County Deed of Trustfixtures owned by Borrower or Personal Property. For purposes of such filings, Xxxxxxx Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender promptly upon request by XxxxxxLender. Grantor Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or and continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Borrower or in GrantorBorrower’s own name to execute in GrantorBorrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.4Section, to the extent that Xxxxxxx’s Borrower authorization above is not sufficient. To the extent permitted by law, Grantor Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 2 contracts

Samples: Deed of Trust and Security Agreement, Deed of Trust and Security Agreement (American Assets Trust, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor Borrower hereby authorizes Holder Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted in this County Deed of TrustPersonal Property. For purposes of such filings, Xxxxxxx Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender promptly upon request by XxxxxxLender. Grantor Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Borrower or in GrantorBorrower’s own name to execute in GrantorBorrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxBorrower’s authorization above is not sufficient. To the extent permitted by law, Grantor Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereofof this Section 4.2. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 2 contracts

Samples: Deed of Trust (American Assets Trust, Inc.), Open End Mortgage (Glimcher Realty Trust)

Authorization to File Financing Statements; Power of Attorney. Grantor hereby authorizes Holder at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of Trust. For purposes of such filings, Xxxxxxx Grantor agrees to furnish any information reasonably requested by Xxxxxx Holder promptly upon request by XxxxxxHolder. Grantor also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of Trust. Grantor hereby irrevocably constitutes and appoints Holder and any officer or agent of XxxxxxHolder, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor or in Grantor’s own name to execute in Grantor’s name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that XxxxxxxGrantor’s authorization above is not sufficient. To the extent permitted by law, Grantor hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Authorization to File Financing Statements; Power of Attorney. Grantor Borrower hereby authorizes Holder Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted Personal Property and as necessary or required in this County Deed of Trustconnection herewith. For purposes of such filings, Xxxxxxx Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender in accordance with the Loan Documents promptly upon request by XxxxxxLender. Grantor Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Borrower or in GrantorBorrower’s own name to execute in GrantorBorrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxBorrower’s authorization above is not sufficientsufficient and Borrower fails or refuses to promptly execute such documents. To the extent permitted by law, Grantor Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 2 contracts

Samples: Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing (Medalist Diversified REIT, Inc.), Deed of Trust, Security Agreement, Assignment of Leases and Fixture Filing (Medalist Diversified REIT, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor hereby authorizes Holder at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder to establish or maintain the validity, perfection and priority of the security interests granted in this County Amended and Restated Deed of Trust. For purposes of such filings, Xxxxxxx Grantor agrees to furnish any information reasonably requested by Xxxxxx Holder promptly upon request by XxxxxxHolder. Grantor also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Amended and Restated Deed of Trust. Grantor hereby irrevocably constitutes and appoints Holder and any officer or agent of XxxxxxHolder, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor or in Grantor’s own name to execute in Grantor’s name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that XxxxxxxGrantor’s authorization above is not sufficient. To the extent permitted by law, Grantor hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 2 contracts

Samples: Loan Agreement, Community Development Block Grant Subrecipient and Affordable Housing Investment Fund Loan Agreement

Authorization to File Financing Statements; Power of Attorney. Grantor Individual Borrower hereby authorizes Holder Lender at any time and from time to time to file any customary initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted in this County Deed of TrustPersonal Property. For purposes of such filings, Xxxxxxx Individual Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender promptly upon request by XxxxxxLender. Grantor Individual Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Individual Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Individual Borrower or in GrantorIndividual Borrower’s own name to execute in GrantorIndividual Borrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxIndividual Borrower’s authorization above is not sufficient. To the extent permitted by law, Grantor Individual Borrower hereby ratifies all acts said attorneys-in-in- fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereofof this Section 4.2. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement, and Fixture Filing (Griffin Capital Essential Asset REIT, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor The Borrower hereby authorizes Holder the Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder the Lender to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of Trustby the Security Documents. For purposes of such filings, Xxxxxxx the Borrower agrees to furnish any information reasonably requested by Xxxxxx the Lender promptly upon request by Xxxxxxthe Lender. Grantor The Borrower also ratifies its authorization for Holder the Lender to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of TrustAgreement. Grantor The Borrower hereby irrevocably constitutes and appoints Holder the Lender and any officer or agent of Xxxxxxthe Lender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor the Borrower or in Grantorthe Borrower’s own name to execute in Grantorthe Borrower’s name any such documents and to otherwise carry out the purposes of this Section 2.4Section, to the extent that Xxxxxxxthe Borrower’s authorization above is not sufficient. To the extent permitted by law, Grantor the Borrower hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Construction Loan Agreement (Global Growth Trust, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor Xxxxxxxxx hereby authorizes Holder Xxxxxx at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of TrustMortgage. For purposes of such filings, Xxxxxxx Xxxxxxxxx agrees to furnish any information reasonably requested by Xxxxxx promptly upon request by Xxxxxx. Grantor Xxxxxxxxx also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of TrustMortgage. Grantor Xxxxxxxxx hereby irrevocably constitutes and appoints Holder and any officer or agent of Xxxxxx, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Mortgagor or in Grantor’s Xxxxxxxxx's own name to execute in Grantor’s Xxxxxxxxx's name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that Xxxxxxx’s Xxxxxxxxx's authorization above is not sufficient. To the extent permitted by law, Grantor Xxxxxxxxx hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Leases, Security Agreement (FelCor Lodging Trust Inc)

Authorization to File Financing Statements; Power of Attorney. Grantor The Borrower hereby authorizes Holder the Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder the Lender to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of Trustby the Security Documents. For purposes of such filings, Xxxxxxx the Borrower agrees to furnish any information reasonably requested by Xxxxxx the Lender promptly upon request by Xxxxxxthe Lender. Grantor The Borrower also ratifies its authorization for Holder the Lender to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of TrustAgreement. Grantor The Borrower hereby irrevocably constitutes and appoints Holder the Lender and any officer or agent of Xxxxxxthe Lender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor the Borrower or in Grantorthe Borrower’s own name to execute in Grantorthe Borrower’s name any such documents and to otherwise carry out the purposes of this Section 2.4Section, to the extent that Xxxxxxxthe Borrower’s authorization above is not sufficient. To the extent permitted by law, Grantor the Borrower hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable. (Signatures Commence on the Following Page.)

Appears in 1 contract

Samples: Construction Loan Agreement

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Authorization to File Financing Statements; Power of Attorney. Grantor Borrower hereby authorizes Holder Lender at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted Personal Property and as necessary or required in this County Deed of Trustconnection herewith. For purposes of such filings, Xxxxxxx Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender promptly upon request by XxxxxxLender. Grantor Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Borrower or in GrantorBorrower’s own name to execute in GrantorBorrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxBorrower’s authorization above is not sufficientsufficient and Borrower fails or refuses to promptly execute such documents. To the extent permitted by law, Grantor Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Moody National REIT I, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor Xxxxxxxxx hereby authorizes Holder Mortgagee at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted Property and as necessary or required in this County Deed of Trustconnection herewith. For purposes of such filings, Xxxxxxx Xxxxxxxxx agrees to furnish any information reasonably requested by Xxxxxx Mortgagee promptly upon request by XxxxxxMortgagee. Grantor Xxxxxxxxx also ratifies its authorization for Holder Mortgagee to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustMortgage. Grantor Mortgagor hereby irrevocably constitutes and appoints Holder Mortgagee and any officer or agent of XxxxxxMortgagee, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Mortgagor or in GrantorXxxxxxxxx’s own name to execute in GrantorXxxxxxxxx’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxXxxxxxxxx’s authorization above is not sufficientsufficient and Xxxxxxxxx fails or refuses to promptly execute such documents. To the extent permitted by law, Grantor Xxxxxxxxx hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Par Petroleum Corp/Co)

Authorization to File Financing Statements; Power of Attorney. Grantor hereby authorizes Holder at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements with or without signature of Grantor as authorized by applicable law, reasonably required by Holder as applicable to establish or maintain the validity, perfection and priority of the security interests granted in this County Deed of TrustCollateral. For purposes of such filings, Xxxxxxx Grantor agrees to furnish any information reasonably requested by Xxxxxx Holder promptly upon request by XxxxxxHolder. Grantor also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Deed of Trust. Grantor hereby irrevocably constitutes and appoints Holder and any officer or agent of XxxxxxHolder, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor or in Grantor’s 's own name to execute in Grantor’s 's name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that Xxxxxxx’s Grantor's authorization above is not sufficient. To the extent permitted by law, Grantor hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Deed of Trust (American Medical Technologies Inc/De)

Authorization to File Financing Statements; Power of Attorney. Grantor Individual Borrower hereby authorizes Holder Lender at any time and from time to time to file any customary initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted in this County Deed of TrustPersonal Property. For purposes of such filings, Xxxxxxx Individual Borrower agrees to furnish any information reasonably requested by Xxxxxx Lender promptly upon request by XxxxxxLender. Grantor Individual Borrower also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Individual Borrower hereby irrevocably constitutes and appoints Holder Lender and any officer or agent of XxxxxxLender, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Individual Borrower or in GrantorIndividual Borrower’s own name to execute in GrantorIndividual Borrower’s name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that XxxxxxxIndividual Borrower’s authorization above is not sufficient. To the extent permitted by law, Grantor Individual Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereofof this Section 4.2. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Griffin Capital Essential Asset REIT II, Inc.)

Authorization to File Financing Statements; Power of Attorney. Grantor hereby authorizes Holder at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder to establish or maintain the validity, perfection and priority of the security interests granted in this County Amended and Restated Deed of Trust. For purposes of such filings, Xxxxxxx agrees to furnish any information reasonably requested by Xxxxxx promptly upon request by Xxxxxx. Grantor also ratifies its authorization for Holder to have filed any like initial financing statements, amendments thereto or continuation statements if filed prior to the date of this County Amended and Restated Deed of Trust. Grantor hereby irrevocably constitutes and appoints Holder and any officer or agent of Xxxxxx, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor or in Grantor’s own name to execute in Grantor’s name any such documents and to otherwise carry out the purposes of this Section 2.4, to the extent that Xxxxxxx’s authorization above is not sufficient. To the extent permitted by law, Grantor hereby ratifies all acts said attorneys-in-fact shall lawfully do, have done in the past or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Loan Agreement

Authorization to File Financing Statements; Power of Attorney. Grantor Borrower hereby authorizes Holder Xxxxxx at any time and from time to time to file any initial financing statements, amendments thereto and continuation statements as authorized by applicable law, reasonably required by Holder as applicable to establish all or maintain the validity, perfection and priority part of the security interests granted in this County Deed of TrustPersonal Property. For purposes of such filings, Xxxxxxx Xxxxxxxx agrees to furnish any information reasonably requested by Xxxxxx promptly upon request by Xxxxxx. Grantor Xxxxxxxx also ratifies its authorization for Holder Lender to have filed any like initial financing statements, amendments thereto or continuation statements statements, if filed prior to the date of this County Deed of TrustSecurity Instrument. Grantor Borrower hereby irrevocably constitutes and appoints Holder Xxxxxx and any officer or agent of Xxxxxx, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of Grantor Borrower or in Grantor’s Borrower's own name to execute in Grantor’s Xxxxxxxx's name any such documents and otherwise to otherwise carry out the purposes of this Section 2.44.2, to the extent that Xxxxxxx’s Xxxxxxxx's authorization above is not sufficient. To the extent permitted by law, Grantor Borrower hereby ratifies all acts said attorneys-in-fact shall have lawfully do, have done in the past or shall lawfully do or cause to be done in the future by virtue hereof. This power of attorney is a power coupled with an interest and shall be irrevocable.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Inland Western Retail Real Estate Trust Inc)

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